President Museveni has warned African countries against imitating the West countries and inflating salaries instead of investing in infrastructure.
“Africa must be cautious of trying to imitate the Western Countries who, in their heydays of being the aristocracy of the world, put wages very high and, in the end, when they faced competition from China, India and others, could not compete,” said the President while addressing the 17th Common Market for Eastern and Southern Africa (COMESA) Heads of State summit in Kinshasa, Democratic Republic of Congo.
COMESA is a grouping of 19 African states which have agreed to promote regional integration through trade development and to develop their natural and human resources for the mutual benefit of all their peoples and its members include Uganda, Kenya, Mauritius, Seychelles, Madagascar, Zambia, Egypt, Libya and Zimbabwe.
The last summit was hosted by Uganda from November 23 to 24, 2012 under the theme ‘Enhancing Intra-COMESA Trade through Micro, Small and medium, Enterprises.”
In his address, Museveni underscored the importance of investing in infrastructure. He said Africa’s enormous potential cannot be unlocked without good infrastructures, especially roads, the railway, electricity, ICT infrastructure, ports and piped water for, at least, the towns.